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TOKYORohm Co. will buy Oki Electric Industry Co.'s chip business for about 95 billion yen ($913 million) in a deal set to close by Oct. 1.
 
The terms of the deal call for Oki to spin off its chip business into a new company, then sell a 95% stake to Rohm.
 
The Oki semiconductor division makes LSI chips used mainly in consumer electronics.
SAN JOSE, CA – The Semiconductor Industry Association released a letter signed by more than 70 business, higher education and scientific leaders, including 14 executives from the semiconductor industry, to Speaker of the House Nancy Pelosi (D-CA) and Minority Leader John Boehner (R-OH).
 
The letter urges House leaders to support the Senate-passed funding levels for science and engineering research in the fiscal year 2008 supplemental appropriations bill currently under consideration.
 
A similar letter was sent to Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY).
 
“The FY 2008 Omnibus Appropriations Act came up woefully short of the funding commitments made by Congress and the Administration in the Democratic Innovation Agenda and the American Competitiveness Initiative,” says the letter. “Now is the time to invest in America’s competitive future and prevent further backsliding.”
 
The Senate-passed version of the supplemental appropriations bill includes $300 million for agencies that sponsor basic science and engineering research at U.S. universities: $200 million for the National Science Foundation and $100 million for the Office of Science in the Department of Energy.
TAO YUAN SHIEN, TAIWAN – The largest contract laptop maker in the world, Quanta Computer Inc., said global notebook PC shipments are expected to increase 25% in 2008, as consumer demand remains strong.
 
Global low-cost notebook shipments will reach about 10 million this year, as the demand for the 8-10" Netbook market grows, says the firm.
 
The company’s co-founder and vice chairman C.C. Leung said in a statement he expects global notebook shipments to hit 130 million units this year.
 
Quanta’s sales are expected to rise more than 20% in the last two quarters of 2008, compared to 2007. The company expects to ship 40 million notebook units, compared to 32 million last year.
 
Quanta’s second-quarter results have not yet been released.

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